Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FWIW saying, I'm receiving noticeably more investment-signal service solicitations these days, including from services I briefly dabbled with over 10 years ago and haven't heard from in AGES. The contrarian in me takes that as a warning sign for e…
Two more to consider equity-wise: PRBLX and TWEIX did well in '08 -- only down about 20% or so. (PRBLX is the major holding in my Roth IRA.)
VMVFX is a fine fund, too - I've owned it since inception in one of my taxable accts for its global mix …
I bought in Dec '18 yeah. Should have bought more, in hindsight. :) I'm buying into most major down days this year to put more cash into the markets across my accounts.
@Old_Joe: You said, "But we held on and came out the other side in decent …
The only preferred fund (ETF) that ever interests me is PFXF because it isn't stuffed to the gills with 'non-cumulative' bank preferreds like pretty much all the others (PFF, etc). I view such preferreds as essentially a free loan to the bank sinc…
Xi doesn't have to worry about re-election, either.
Hes shocked that the Chinese arent kowtowing to him like the Repugs do on a daily basis. They are playing the long game.
Futures rose b/c the overnight trading algos saw headlines reading Tweety Amin said he got a call from China saying they were ready to deal on trade ... yet the Chinese have not confirmed such a phone call ever took place. Typical.
Since even in 2019 the Economist never uses author bylines, I am forced to take their commentaries with a grain of salt, interesting (and sometimes accurate) as they are... and is also part of why I cancelled my subscription years ago. Journalisti…
You said it!
What shatters me is the inability to TRUST anything this idiot 'president' says or does -- it's either false, exaggerated, reversed an hour later, or denied by others as ever having happened.[1] Couple that with his not having a hig…
I woke up this morning to see headlines that Tweety Amin expressed 'second thoughts' about increasing the China tarriffs. Then, 2 hours later, the WH says he meant to say he had 'second thoughts' about the percentage of the increase and that it sho…
@Bee, I have a large cash pile from account consolidations in recent years that for the most part has yet to be deployed into anything other than rolling-over t-bills. I've been using that dry powder to buy new / add to existing positions in recen…
Everyone said the GFC aftermath was a 'generational' buying opportunity. IMO the past 10 years were a cheap-debt fueled 'bull' (key word!) market that was artificially supported by QE, ZIRP, and what-not from the Fed. Yes, it was a fantastic rid…
Gotcha, thx for the clarification!
@rforno: Thank you for your question about why I choose mutual funds with higher fees that also have 12b1 fees associated with them.
"@Skeet, out of curiosity, why do you use VADCX (1.21 ER?) vs something like R…
Yeah, I know. I may well buy back in at some point, but growth is less attractive of an investment than before in my view. Shifting more to value and/or blend than pure growth in some of my accounts.
Closed out of growth POGRX in my Roth on yeste…
If a decently-priced active fund trails the market but offers a smoother (or contrarian) ride, I'll take that any day over market-capped index funds -- especially if it meets my criteria for generating returns and investor comfort ... especially if …
I added to RWMGX in my 403(b) and PRBLX in my Roth, buying on *major* down days.
@Skeet, out of curiosity, why do you use VADCX (1.21 ER?) vs something like RSP (.20), for an equal-wt SPX fund? (They're both Invesco funds)
@Crash: Yeah, the food inflation fake-outs are rampant these days, for sure. Notice how what we used to think of, buy, and consider a "pound of coffee" has become 12oz?
I'll add one grumbling observation: I love how there's CPI and 'Core CPI' --…
That's why we nibble and build up positions over time!
I don't have to tell you guys, but the problem with buying the dip, is that you don't know how low it will go. Added to Wellington at beginning of the month, my normal purchasing time.
Hrm. Maybe I mis-read things at the time, which was entirely possible then.
Memories fade. Sometimes we remember what we want to remember.
My own memory says that PIMCO funds were generally expensive, though I believe that there was a perio…
I owned PIMIX years ago and the ER was something like .60 or .70. For them to be charging 1.XX ERs on classes including their institutional, for that reason alone I wouldn't touch it with a barge pole. Wonder if they've gotten too comfortable in…
Unbelievable. But yet totally believable, given Wall Street.[1]
I opted for the 403(b) over the pension system at my state uni system precisely to afford me flexibility in investments. If I made (or lost) money, I wanted to be the one doing it,…
For me that was one of the final blows that made the site totally unusable for my needs, free or otherwise.
@MIkeW: You not wrong,. and try finding the fund families page, or the purchase tab which gave you the various share classes.
Regards,
Ted
"For every dollar brought in by the new tariffs, a dollar has been authorized to fund rescue programs for farmers who have been harmed by retaliation from China and other countries. The U.S. authorized $12 billion in farm rescue funds in 2018 and an…
I know! My shares of Gas Lamp Lighters (GLL) are still way underwater, too. But I'm sure they'll come back any day now!
Am still holding 5000 shares of International Buggywhip (IBW). Hoping for comeback any time now. When that happens, am going …
Admittedly, I used to have CNBC on in the background when trading futures back during the GFC But as a seasoned investor, my automatic response is: "CNB--who?" and then "CNB--whyyyyy?"
Speaking as a current academic (following 20 years in industry) don't get me started on the insanity of the academic business. What really burns me is seeing more administrators and staff hired to lead feel-good initiatives while schools rely mai…
M* is perpetually beta testing their site .... though at times it seems their goal is to reach a wobbly alpha state instead of stable release. Sad to see such a resource fall so hard for so long. :(
Stars? As with their Badges and Kudos, i don…
YES. I heard 'hawkish cut' on the commentary yesterday and thought the pundit mis-spoke.
Politicians are making a pigs' breakfast of everything and expect central bankers to bail them out and/or provide political cover for re-election. Central b…
Nibbling around the edges, yes. Have too much cash sitting around and am still putting it to work despite keeping a fair amount of ammo for when things really go south in the equity markets...
MIC took a nosedive last year due to several lawsuits over its management of one of its projects. (I'm likely going to be a lead plantiff on one of them as it moves forward) Not sure why that's recommended right now unless it's a 'recovery' play.
…
MVNOs use the same towers/networks as the big players they lease from, with a few differences:
- they get lower network priority compared to paying/pre-paid customers, esp during congestion
- they may not have the same domestic network roaming ag…
